Liz Truss: ‘Make Britain grow again’ – ex-PM echoes Donald Trump as grassroots Tories welcome her to conference

Published

2 years ago

October 2, 2023

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Liz Truss has echoed the language of former US president Donald Trump as she called on her party to “make Britain grow again”.

The ex-prime minister, who was ousted from Number 10 after just 44 days following her disastrous mini-budget, made the remark when appearing at a packed out fringe event at the Conservative Party conference.

Politics live: Hunt delivering key speech to conference

She said her successor, Rishi Sunak, had made “some progress” in recent weeks, with the watering down of the government’s net zero targets.

But she said he and the chancellor needed to “do more” because “it’s Conservative solutions, it’s Conservative arguments that are popular with the public, but it’s also those arguments that are going to deliver”.

Queues snaked around the Midland Hotel in Manchester to get into the event, with key figures of the right in attendance – from Tory former ministers like Dame Priti Patel and Sir Jacob Rees-Mogg to former Brexit Party leader Nigel Farage.

With the discussion hosted by a GB News journalist, Ms Truss began her speech by praising the beleaguered channel, which has hit the headlines over the past week after misogynistic comments on air led to three presenters being suspended.

“In my view, we need more economic journalism and we need more GB News challenging the orthodoxy, broadcasting common sense and transforming our media landscape, so long may it continue,” she said.

Moving onto her main message, the former leader said it was up to the government to “make life easier and better for families across our land”, claiming there were three things they could do now to “really change the agenda – “axing the tax, cutting the bills and building the homes”.

With tax, Ms Truss reiterated her call to reduce corporation tax to 19% – a move she attempted in her short tenure that led to market turmoil – saying: “What we know is that economic growth and making Britain grow again is not going to be delivered by the Treasury, it’s not going to be delivered by more public spending.

“It’s going to be delivered by giving businesses the freedom they need to succeed.”

To cut bills, she revived her previous policy to drill for shale gas in the UK – despite questions over its safety and effectiveness – saying: “Some will say using our own gas is not environmentally friendly, but how environmentally friendly is it to rely on regimes abroad, who often have very poor records for our gas, to ship that gas into the United Kingdom, often at both environmental cost and financial?

“We are sitting on 50 years worth of sustainable gas. Can you imagine if we unleash that, what that would mean for households, what that would mean for businesses?”

And on building homes, Ms Truss called for a 500,000 a year target to be met, adding: “That won’t just mean people will find it easier to get into a home.

“People will find it easier to start a family because there will be more affordable housing. Employers will find it easier to employ people somewhere because their workers can afford homes.

“It will also save the government money…. because we will cut our housing benefit bill [and] we won’t need to intervene so much in the housing market because we are making the prices cheaper and that is fundamental to what these reforms should be about.”

She conceded her plans were “not necessarily easy for us to do”, but added: “We need to be prepared to do the difficult things because that is what will make Britain grow again.”

Politics

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

Published

5 hours ago

May 21, 2025

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‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted.

Welch said in a May 21 episode of her “Talk Tuah” podcast that the FBI showed up at her grandmother’s house looking to speak to her over the Hawk Tuah (HAWK) crypto token, which many crypto commentators have called an exit scam.

“After the coin launch, the feds came to granny’s house and knocked on her door, and she called me, having a heart attack, saying: ‘The FBI is here after you, what have you done?’”

Welch said she handed over her phone to the FBI and met with agents who “interrogated me, asking me questions and everything else related to crypto.”

“They cleared me, I was good to go,” Welch said.

Welch went viral for her response about an oral sex technique in a vox pop interview posted to YouTube in June.

The HAWK memecoin, based on her viral catchphrase, launched in early December and almost immediately lost 90% of its value and blockchain analytics firm Bubblemaps’ alleged insider wallets and snipers bought up and dumped massive quantities of the token at launch.

Welch said on her podcast that the Securities and Exchange Commission also asked for her phone, and she sent it off “for two or three days” before she was cleared.

Welch’s lawyer James Sallah told TMZ in March that the SEC “closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey.”

“I trusted the wrong people”

Welch admitted knowing very little about crypto before the HAWK memecoin and said she “trusted the wrong people” for the launch.

She claimed a company, which she said she couldn’t name for legal reasons, was in full control of her X account, which posted videos of her promoting the memecoin.

Welch said she was sent lines to record on video, which were then posted on her X account by someone she trusted but could also not legally name.

She added that on the day of HAWK’s launch, she “kind of knew something was up” and was pulled into a room where a team of people told her to talk on a livestream with YouTuber Stephen Findeisen, better known as Coffeezilla.

“Coffeezilla got on there and they’re like ‘Mute it, mute it,’” Welch said. “Nobody warned me about this guy at all, like nobody at all, they didn’t tell me he was like a crypto wizard, that’s exactly what he is — he ate me the fuck up.”

Welch said she was only paid a marketing fee and “did not make a dime from the coin itself,” which she said had been totally spent on legal and public relations fees.

Despite being cleared of any legal wrongdoing, Welch took some accountability, admitting that she let many of her fans down who invested in the coin:

“It makes me feel really bad that they trusted me, and I led them to something that I did not have enough knowledge about. I did not have enough knowledge about crypto to be getting involved with it. And I knew that, but I got talked into it, and I trusted the wrong people.”

A group of HAWK buyers sued the alleged creators of the token in December, claiming Alex Schultz, the token’s backing Tuah the Moon Foundation, the token launchpad overHere Limited, and its founder Clinton So promoted and sold HAWK as an unregistered security.

Welch wasn’t named as a defendant.

Magazine: ‘Normie degens’ go all in on sports fan crypto tokens for the rewards

Politics

Revealed: Why Keir Starmer’s strategy to tackle Reform UK could end up backfiring

Published

6 hours ago

May 21, 2025

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Revealed: Why Keir Starmer's strategy to tackle Reform UK could end up backfiring

Has Labour got the right strategy to tackle Reform UK?

Nigel Farage’s party cost the Tories dozens, maybe 100-plus seats at the general election. Now it looks like the party is hitting Labour too. But has Sir Keir Starmer got the right answers?

Last year, Labour won a landslide because the Tory vote collapsed, in part because Reform UK took chunks of their supporters in constituencies across the UK.

And here is the situation on 1 May this year – the national equivalent vote share at the council elections put Reform well ahead in first place. Success – this time at the expense of Labour too.

How big a threat is this to MPs? As a very crude experiment, Sky News has looked at what would happen if this result was replicated evenly across parliamentary constituencies.

Within the areas where there were county council elections are 77 complete Westminster seats with sitting Labour MPs.

This includes places like Wycombe, where Treasury minister Emma Reynolds holds. Or Lincoln, won by Foreign Office minister Hamish Falconer.

Now if – for fun – we mapped the country council results from 1 May evenly across these general election constituencies, almost all those Labour seats are gone. All lost, apart from five. That’s 72 out of 77 Labour MPs losing their seats and mostly to Reform UK.

What if we took that swing an applied across the whole country, places where there weren’t local elections?

Angela Rayner in Greater Manchester and Jess Phillips in Birmingham would lose their seats.

Yes this is a crude measure – it assumes a uniform swing can be drawn from the 1 May polls – and local and national elections are very different.

But importantly, YouGov’s latest national opinion polls paint a similar picture to the council elections. Meanwhile, 89 out of 98 constituencies where Reform came second place have Labour in first. Labour MPs are feeling the heat from Farage.

The Reform threat is real. Sir Keir Starmer knows it – and this year has started chasing Reform votes. Slashing aid spending. Abandoning green promises. Hard talk about immigration and living on an “Island of Strangers”.

Sensible given the clear and evident Reform UK threat? Actually – maybe not. Look at the data in detail:

This block here is all the people who voted Labour in last year’s general election. Now thanks to YouGov polling, we know what people in this block would do with their vote now.

It shows Labour has lost more than half of last year’s voters. Just 46% still say they’d still vote for Sir Keir’s party. But – despite the PM’s strategy – they’re not actually going to Reform in large numbers.

Just 6% of Labour’s voters at last year’s general election – six out of every 100 – said they would vote Reform now. That’s all. So where have they gone?

Well, they’ve been lost much more to liberal and left-wing parties – 12% to the Lib Dems, 9% to the Greens.

So just pause there. That means the number of Labour voters who have switched to the Lib Dems and Greens, arguably on the left of the political spectrum, is three times the number going to Reform to the right.

Just 2% go to the Tories.

And much more seriously for Labour, 22% aren’t going to vote, don’t know or won’t say.

The bottom line is people who voted Reform have never backed Labour in large numbers.

This shows how Reform supporters last year voted in each election since 2005. You can see – Reform voters are former UKIP voters. They’re Boris Johnson’s Tories.

Let’s put it another way. While 11% of Labour voters may one day be open to voting Reform, 70% are at risk of going to the Lib Dems or Greens – seven times the threat from Reform.

And typically, these voters don’t like the hard line, Reform-leaning policies of Sir Keir Starmer recently.

The local elections show there is a threat to Labour from Reform. But our data suggests Keir Starmer trying to be Nigel Farage lite isn’t the answer.

Is Labour’s strategy really working?

Politics

SEC charges Unicoin and executives for alleged $100 million fraud

Published

8 hours ago

May 21, 2025

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SEC charges Unicoin and executives for alleged 0 million fraud

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors.

The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex Dominguez with misleading investors about certificates that conveyed rights to receive Unicoin tokens and stock.

Mark Cave, associate director in the SEC’s Division of Enforcement, claimed the trio “exploited thousands of investors with fictitious promises that its tokens, when issued, would be backed by real-world assets including an international portfolio of valuable real estate holdings.”

“The real estate assets were worth a mere fraction of what the company claimed, and the majority of the company’s sales of rights certificates were illusory,” Cave added.

The SEC’s complaint, filed in a Manhattan federal court, charged Unicoin and the three executives with various securities laws violations and asks for permanent injunctive relief, along with paying back the allegedly ill-gotten gains.

Magazine: SEC’s U-turn on crypto leaves key questions unanswered